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Kyle Bradford
Attended Spring Hill College
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Kyle Bradford

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Saw this headline on Yahoo, so I checked out the CBO Report. At the end of the summary, I found what I think is the most interesting part:

"Government transfers and federal taxes both help to even out the income distribution. Transfers boost income the most for lower-income households, while taxes claim a larger share of income as people's income rises.

In 2007, federal taxes and transfers reduced the dispersion of income by 20 percent, but that equalizing effect was larger in 1979."

-The share of transfer payments to the lowest-income households declined.
-The overall average federal tax rate fell.

Source: http://www.cbo.gov/doc.cfm?index=12485
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Have him in circles
18 people
sharenne ancheta's profile photo
Rachel Peltier's profile photo
Shea Bowers's profile photo
Teri Windstrup's profile photo
Alicia Barbour's profile photo
Ben Franklin's profile photo
Allyson Grillo's profile photo
Christopher Newbold's profile photo
Mark Johnson's profile photo
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  • Spring Hill College
    Finance/Economics & Computer Information Systems, 2007 - 2011
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